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Assume the spot rate of some currencies are quoted as below:- 1 USD = RM 4.11 100 Thai Bhat = RM13.42 = 1 CAN =

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Assume the spot rate of some currencies are quoted as below:- 1 USD = RM 4.11 100 Thai Bhat = RM13.42 = 1 CAN = $0.80 1Swiss Franc = $1.08 1. How much ringgit you have to spend to obtain 100 USD? 2. Calculate cross exchange rate of Canadian dollar in Swiss Franc. 3. How much 100Swiss Franc equivalent to Canadian dollar? 4. How much RM200 equivalent to Thai Bhat? 5. Calculate cross exchange rate of USD in Thai Bhat

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